Quantitative Analyst, Credit Risk

4 days ago

Ottawa, Ontario, Canada Tbwa ChiatDay Inc Full time

About Momentum Financial Services Group

Momentum Financial Services Group is a leading provider of financial services in North America, with over 40 years of experience in delivering innovative financial solutions that cater to the evolving needs of consumers and business owners.

Our company serves 2 million people annually with diverse and innovative financial products such as loans, cheque cashing, money transfer, and prepaid cards. Our retail network of over 400 locations provides access to cash and related products, empowering our customers to achieve their goals.

About the Role

We are seeking a highly skilled Quantitative Analyst to join our Analytics & Risk Organization. In this role, you will be responsible for managing risk-reward throughout the lifecycle of our credit products and customer journey.

You will be part of a new, cutting-edge Artificial Intelligence and Machine Learning center of excellence, tasked with developing innovative solutions to help the business grow and become more efficient. You will have the opportunity to work on high-impact, Silicon Valley-style projects, while living anywhere in the country.

Key Responsibilities

  • Recommend improvements and quantify the benefits to update and validate changes to the credit risk systems.
  • Assist in managing origination strategies and policies for the Retail Financing portfolio that optimizes profitability and efficiency, while operating within the risk appetite.
  • Develop quantitative solutions for managing credit risk, fraud risk, marketing campaigns, and enhanced customer segmentation.
  • Conceive, design, and monitor risk management strategies to improve business profitability in the areas of underwriting, credit line management, universe expansion, and alternative data evaluation for lending.
  • Analyze customer-level information to determine the effectiveness of strategies and recommend necessary changes to improve profitability.
  • Use innovative data and processes to improve risk management strategies and the customer experience.
  • Communicate concise and actionable business strategies from vast amounts of data for Sr. Management.

Requirements

  • A Master's degree or higher in a quantitative field such as Decision Science, Data Science, Mathematics, Statistics, Computer Science, Operations Research, Engineering, Finance, or Economics.
  • 3+ years of experience in Financial Services, specifically within Credit Risk Management.
  • A good understanding of Retail Financing and/or Cards products and their origination processes is an asset.
  • Proven experience in manipulating data to draw insightful conclusions using tools like SAS, SQL, R, or Python.
  • Capable of completing descriptive, diagnostic, exploratory, predictive, and prescriptive analytical exercises.
  • Capable of managing change through typical strategy development lifecycle stages such as Ideation, Solutioning, Execution, and Go-To Market.
  • Proficient in Excel, Word, and PowerPoint.
  • Understanding of fraud risk management frameworks and best practices would be an asset.
  • Excellent communication and presentation skills, problem-solving, time-management, collaboration, and interpersonal skills.
  • Proven ability to simply explain complex information to both technical and non-technical audiences.
  • Ability to work autonomously as well as in a team setting.
  • Demonstrated ability to influence critical business outcomes in a matrix-based, global environment.
  • Aptitude and willingness to roll-up the sleeves and get involved in the details.
  • Highly curious with the desire to go deep beneath the surface to solve problems.
  • Must have good business judgment with demonstrated ability to think creatively and strategically.
],

  • Credit Risk Analyst

    2 days ago

    Ottawa, Ontario, Canada Bank of Montreal Full time

    Job OverviewSenior AnalystFacilitate decision-making and analysis of various credit information to support lending processes.Key Responsibilities:Identify new sales opportunities through thorough analysis.Participate in client visits with internal stakeholders.Maintain a customer-centric environment, meeting and exceeding customer needs.Recommend credits...

  • Lead Quantitative Analyst

    4 days ago

    Ottawa, Ontario, Canada Munich Re Full time

    About the RoleThis is a unique opportunity to join Munich Re's Corporate Actuarial team as a Lead Quantitative Analyst. As a member of this team, you will be responsible for developing and using advanced quantitative models and analytics for the analysis and reporting of Life & Health Reinsurance business. You will work closely with other departments,...

  • Data Scientist for Credit Risk Management

    4 days ago

    Ottawa, Ontario, Canada Tbwa ChiatDay Inc Full time

    **About Momentum Financial Services**Momentum Financial Services is a leading provider of financial services in North America, committed to providing financial solutions that meet the evolving needs of consumers and business owners. Our retail network of over 400 locations offers access to cash and related products to help our customers achieve their...

  • Business Analyst, Counterparty Credit Risk – Standardized Approach

    2 hours ago

    Ottawa, Ontario, Canada IFG International Financial Group Ltd Full time

    Our client, a large financial institution, is looking for a Business Analyst, Counterparty Credit Risk – Standardized Approach for a 10-month contract located in Toronto. This is an excellent opportunity for a business analyst with a financial services background.As a Business Analyst, Counterparty Credit Risk – Standardized Approach, your duties will...

  • Credit Risk Manager

    4 weeks ago

    Ottawa, Ontario, Canada Export Development Canada Full time

    - Credit Risk Manager (2 year contract) (0004ZZ)Posting Date:Jan 22, 2025, 5:59:45 PMPrimary Location:Job Type:ContractSchedule:Full-timeExport Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC offers financial products and knowledge to help Canadian businesses...

  • Credit Risk Manager

    4 days ago

    Ottawa, Ontario, Canada Export Development Canada Full time

    - Credit Risk Manager (2 year contract) (0004ZZ)Posting Date:Jan 22, 2025, 5:59:45 PMPrimary Location:Job Type:ContractSchedule:Full-timeExport Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC offers financial products and knowledge to help Canadian businesses...

  • Risk Analyst with Focus on Artificial Intelligence

    4 days ago

    Ottawa, Ontario, Canada Tbwa ChiatDay Inc Full time

    **Job Description**We are looking for a highly skilled professional with expertise in Artificial Intelligence and Machine Learning to join our Analytics & Risk Organization. As a Data Scientist for Credit Risk Management, you will be responsible for developing innovative solutions to help the business grow and become more efficient.Your duties will include...

  • Risk Analyst I, Trade Credit

    8 hours ago

    Ottawa, Ontario, Canada Intact Financial Corporation Full time

    Our employees are at the heart of what we do best: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you're bringing this purpose to life alongside a passionate community of experts.Feel empowered to learn and grow while being valued for who you are– here, diversity is a strength. You have...

  • Quantitative Economist Position in Data Analysis and Modeling

    3 days ago

    Ottawa, Ontario, Canada Export Development Canada Full time

    Company OverviewExport Development Canada (EDC) is a leading organization in the field of export credit agency, providing information, knowledge, and innovative solutions to help Canadian exporters expand globally. We take on risks so Canadian businesses can take on the world.We are seeking a qualified candidate for the Data-driven Research, Economic...

  • Quantitative Professional for Financial Services

    4 days ago

    Ottawa, Ontario, Canada Tbwa ChiatDay Inc Full time

    **Overview**Momentum Financial Services is a leading provider of financial services in North America, committed to providing financial solutions that meet the evolving needs of consumers and business owners.Our Analytics & Risk Organization plays a crucial role in managing the risk reward throughout the lifecycle of our credit products and customer journey....

  • Risk Modelling Analyst

    2 days ago

    Ottawa, Ontario, Canada TEEMA Solutions Group Full time

    Job Title: Risk Modelling AnalystAbout TEEMA Solutions Group:We are a forward-thinking solutions provider, offering expert services in credit risk model development and validation. Our team consists of highly skilled professionals dedicated to delivering top-notch results.Key Responsibilities:Develop and validate credit risk models, including PD, LGD, and...

  • Financial Data Analyst

    2 days ago

    Ottawa, Ontario, Canada TEEMA Solutions Group Full time

    Job Title: Financial Data Analyst - Risk ManagementAbout TEEMA Solutions Group:We are seeking a highly skilled financial data analyst to join our risk management team. As a key member, you will be responsible for developing and implementing effective credit risk management strategies.Key Responsibilities:Develop and validate credit risk models, including PD,...

  • Credit Analyst Specialist

    2 days ago

    Ottawa, Ontario, Canada Bank of Montreal Full time

    Job Overview:Credit analysts play a vital role in the success of our bank by evaluating and approving loan applications. They are responsible for assessing the creditworthiness of potential borrowers, analyzing financial data, and making informed decisions that balance risk with opportunity.Main Responsibilities:Evaluate loan applications and assess...

  • Senior Analyst, Risk Toronto, Canada

    3 weeks ago

    Ottawa, Ontario, Canada Tbwa ChiatDay Inc Full time

    Momentum Financial Services is a leading provider of financial services in North America. For 40 years, we've been committed to providing financial solutions that meet the evolving needs of consumers and business owners. Through our retail network of over 400 locations, known as Moneymart, Insta Cheques and the Cheque Cashing store, we provide access to cash...

  • Credit Risk Specialist

    6 days ago

    Ottawa, Ontario, Canada Bank of Montreal Full time

    ResponsibilitiesThe successful candidate will be responsible for providing oversight and guidance on credit risk management practices across our organization. Key responsibilities include:Developing and implementing credit risk management frameworks and policiesAnalyzing data and information to identify potential risks and opportunitiesWorking with...

  • 3 Days Left: Associate Quantitative Analyst

    3 days ago

    Ottawa, Ontario, Canada Export Development Canada Full time

    Job OverviewExport Development Canada (EDC) is a leading organization providing information, knowledge, and innovative solutions to help Canadian exporters expand globally. As an Associate Quantitative Analyst/Economist, you will contribute to the development of country risk and scenario generation models and databases. This role requires collaboration with...

  • Country Risk Analyst and Scenario Generation Specialist

    3 days ago

    Ottawa, Ontario, Canada Export Development Canada Full time

    About the RoleAs an Associate Quantitative Analyst/Economist, you will play a key role in the development of country risk and scenario generation models and databases. You will collaborate with the Economics team, corporate teams, and external stakeholders to achieve this goal.The ideal candidate is proactive, enjoys diverse tasks, and thrives in a...

  • Senior Risk Analyst

    2 days ago

    Ottawa, Ontario, Canada Canada Mortgage and Housing Corporation (CMHC) Full time

    At the Canada Mortgage and Housing Corporation (CMHC), we're looking for a seasoned Senior Risk Analyst to join our Business Risk Oversight team.This key role involves providing independent oversight to ensure CMHC's financial risk management and risk control activities are robust and effective.You will serve as a subject matter expert to identify, assess,...

  • Senior Credit Risk Manager

    6 days ago

    Ottawa, Ontario, Canada Scotiabank Full time

    **Job Description**As a Senior Credit Risk Manager at Scotiabank, you will be responsible for maintaining and growing a portfolio of financial institutions in LATAM and Asia Pacific. You will add value to the overall management of the Bank's loan portfolios through timely and accurate credit adjudication within established underwriting guidelines and...

  • Financial Risk Specialist

    4 days ago

    Ottawa, Ontario, Canada Export Development Canada Full time

    Company OverviewAbout Export Development CanadaExport Development Canada (EDC) is a financial Crown corporation that helps Canadian businesses grow their international trade. Our mission is to support the development of Canada's export market and promote economic growth.We offer a range of financial products and services that help Canadian businesses...